RE:RE:RE:Why did WTI drop US$8 on Friday?Raising interest rates theoretically should lower inflationary pressure due higher prices, but people are paying higher prices because we have not enough goods in the market. Our politicians have spent the last 6 years in Canada trying to solve social issues that might not exist. can someone name me 1 policy change that could generate more wealth for Canadians? Anyone? Last week we heard Friedman restate that the Canadian government will give out 9.8 Billion in handouts to lower income Canadians. This at a time that we have a severe labour shortage. I came to Canada to make a better life for myself and never accepted a dime from any level of government. How is it possible to have so many Canadians not able to make a living for themselves? Institutionalized racism? Really? Show me 1 Canadian law that favours one group of individuals based on race.
Oil is Canada's biggest export. If our Canadian government doesn't wake up, it will kill the golden goose that is paying for all these handouts. Case in point, the Canadian Dollar. How can it keep losing value when oil is trading at +$100. My message to Trudeau would be to stop all this Social Justice Rhetoric about which pronoun I am mandated to use, and start focusing on running the country. Our we will end up being a banana republic with no bananas.